Answer:
Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.
Explanation:
Answer:
The predicted value of sales is $75,037,500.
Explanation:
Given:
Q = 875 + 6XA + 15Y - 5P ……………………..(1)
Where:
Q = quantity sold = ?
XA = Advertising = $100,000
Y = Income = $10,000
P = Price = $100
Substituting the values into equation (1), we have:
Q = 875 + (6 * 100,000) + (15 * 10,000) - (5 * 100)
Q = 750,375
Therefore, we have:
Predicted value of sales = Q * P = 750,375 * $100 = $75,037,500
Therefore, the predicted value of sales is $75,037,500.
Answer:
Please find the detailed answer as follows:
Explanation:
After reviewing Digby's current strategy, top five sources of competitive advantage for digby are as follows:
- Increase demand through TQM initiatives
.
- Offer attractive credit terms
.
- Seek excellent product designs, high awareness, and high accessibility
.
- Seek high plant utilization, even if it risks occasional small stockouts
.
- Reduce cost of goods through TQM initiative.
Related concepts to understand the problem.
Competitive advantage. A competitive advantage is an improvement over competitors gained by contribuiting consumers greater value.
Answer:
B. amount by which consumption increases when disposable income increases by $1
Explanation:
As people has an archetypical choise betwene consume(use) or save (don't use) their income. Economics state there is a marginal prpensity in the agent to consume while other save but of these add to 1 as both options add to the entire income.
hus when income increase by $1 the marginal propensity to consume are the cent used while marginal propensity to save are the cent which are not used.
Answer:
the hours after roundinf off = 54 hours
Explanation:
Solution :
The rate of system is defined by machine with largest time per unit i.e. bottleneck resource.
In this case, biottleneck is Step : 3 with time 30 min per unit.
So system requires 30 * 105 min = 30 * 105 / 60 hours = 52.5 hours at bottleneck.
time for first unit at Step 1 and 2 and for last unit at step 4 is - 25 + 15 + 20 - 60min - 1 hr.
So total time for system is 52.5 + 1 = 53.5 hours.
